The small business act provides for entrepreneurial training, business development assistance, counseling, and management assistance to small business owned and controlled by eligible veterans, as…

The University of Maryland, College Park received a $400,000 project grant award from the Small Business Administration Office of VA Business Development. The grant was awarded under the Veterans Outreach Program (CFDA 59.044) on May 1, 2022 for a performance period concluding April 30, 2023.

Through this funding, the University's Office of Research Administration will provide entrepreneurial training, business development assistance, counseling, and management assistance to small businesses owned by eligible veterans. In accordance with Public Law 110-186, they will disseminate information on small business ownership to service members and military spouses by facilitating and instructing the U.S. Small Business Administration's "Introduction to Entrepreneurship" curriculum. The services aim to establish and implement outreach programs that support veterans and service-disabled veterans in accordance with the Small Business Act.

The small business act provides for entrepreneurial training, business development assistance, counseling, and management assistance to small business owned and controlled by eligible veterans, as well as the authority to make grants to, and enter into contracts and cooperative agreements with education institutions, private businesses, veterans' nonprofit community-based organizations, and federal, state, local, and tribal government agencies for the establishment of and implementation of outreach programs for veterans and service-disabled veterans.